Economics
- ISSN: 2155-7950
- Journal of Business and Economics
Perceptions of Entrepreneurial Success Factors: A Cross-cultural
Comparison of 27 Countries
Ruth Alas1, Tiit Elenurm1, Elizabeth J. Rozell2, Wesley A. Scroggins2
(1. Estonian Business School, Tallinn 10114, Estonia; 2. Missouri State University, Springfield, MO 65897, USA)
Abstract: This study examines how perceptions of entrepreneurial attributes differ across countries. Results from 27 countries all over the world indicate more similarities in features inhibiting to a person being a successful entrepreneur between countries than in characteristics contributing to a person being a successful entrepreneur. In countries with population less than 20 million, people see successful entrepreneurs more as innovative opportunity seeker and turn less attention to their behaviour than people in bigger countries. From cultural dimensions future orientation practices had higher predicting power. In Latin-American countries team building, open mind and innovativeness are considered to be important success factors.
Key words: entrepreneurship perception; attribution cross-cultural management
JEL codes: M130, M160